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CNBC 7
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CNBC
Nov 8, 2012 7:00pm EST
. seeing a shift in tone in washington since the election. much more conciliatory tone on all sides here. i expect you'll see that on display tomorrow. the question is whether the fundamental stumbling blocks of democrats not wanting entitlement spending cuts and republicans not wants new tax revenues, whether those stumbling blocks can be finessed between now and the end of the year. >> many, many thanks. eamon javers, appreciate it. let's get first reaction from congress on the breaking news. welcome back to the show house gop chief deputy whip peter roskam from the great state of illinois. peter, great to see you as always. a lot of movement now. i want to ask you, do you think it's possible here, post-election, as the stock market literally hammers washington with the selloff? will democrats and republicans rise above partisan politics and get us something that can work? >> i think that there's a tremendous opportunity, larry, and here's why. speaker boehner, yesterday, gave a statement, a 10 or 12-minute statement and offed his sincere congratulations to president obama. and he said, l
CNBC
Nov 15, 2012 7:00pm EST
. and that is there's been indecision and uncertainty in washington on our middle east policy, whether it's being tougher on benjamin netanyahu for defending israel than they've been on iran for not having nuclear weapons. whether it is the conflicting approaches to the middle east peace process, et cetera. so there's a vacuum that has to be filled. the u.s. has to step up and provide leadership. president morsi in cairo called mr. jabari, the terrorist who was killed, a martyr. the muslim brotherhood does have a close relationship with hamas. iran has given hundreds of millions of dollars to hamas in recent months. so the region is in turmoil. the u.s. should step up firm for our ally, make clear where we are, try to get turkey and egypt -- both of whom have been sympathetic to hamas -- to stand down. >> that's not happening. john, u.s. foreign policy in the middle east, maybe elsewhere, but in the middle east right now in the wake of libya and benghazi, we are at low ebb, john, in the eyes i dare say of middle eastern countries and in the eyes of european countries and maybe in the eyes of asia
CNBC
Nov 19, 2012 7:00pm EST
there is so much waste and unneeded programs in washington. >> people want to cut social security? not republicans, not democrats, here in washington we have people who want to cut social security? >> it's the largest federal program, social security is. it's larger than defense. cut social security, cut medicare, we're going to freeze. >> let me get one in here before we go. i'm reading in the papers today, the financial times that they want business tax loopholes, so-called tax loopholes closed. no rate reduction on the other side. they just want to close them down. of course we're talking about oil and gas and coal. they want $150 billion in revenues. that's going to be on top of the 400 or 500 billion dollars. tax rates may not go up but they're not going down. i tell you, to me this has stalemate. the reason i like this segment very much is the fact is stock market people think this is going to be easy. mr. obama called a couple of ceos over the weekend. i'd say right now there is just as good a chance for a stalemate as there is for a solution. last word? >> i'm willing to b
CNBC
Nov 20, 2012 7:00pm EST
. >>> good evening. this is "the kudlow report". washington said if they don't fish t fix the problem we will have a sudden problem. the leading democratic senator forget to read a bill he was sponsoring? he is backing away from the measure that would have given them the power to read your e-mails without a search warrant without the signature of a judge. this week hostess now back on the chopping block. are the unions trying to ruin the holidays and the economy for everybody? >> first up this evening tonight fed chairman ben bernanke gave a warning fix the fiscal cliff or we are headed for a severe recession, so far, no concrete proposals and i have to ask again, are we headed for a stalemate or can we find an economy saving common ground. let's talk. we have abigail disney. we'll have a sudden fiscal cliff? >> i worry about the damage that mighting done in fixing it. you don't think the tax increases that could come at the end of the year and the spending cuts of less 100 build, you don't think those would in deuce a severe recession and everybody on wastreet? >> they are not that big
CNBC
Nov 16, 2012 7:00pm EST
to washington, d.c.? we've got two kissy huggy cnbc contributors. jared bernstein, former vice president, biden chief economist, and kissy huggy jim pethokoukis of the american enterprise institute. jimmy p., i love this new washington picture. and i don't want to be pessimistic. i want to be optimistic. maybe they can make a deal. but here's what i worry about, jimmy. here's what i fear. the republicans are conceding that they'll give a revenue -- a tax revenue portion by limiting deductions. but i don't see any spending cuts. the sequester has been called off. mr. boehner would like a down payment on entitlements. i don't see that happening. to me remember it used to be 3-1 or 4-1 spending cuts to revenue increases. right now it looks to me like it's 10-1. 10-0. $10 of revenue hikes and no spending cuts, jimmy pethokoukis. >> i think what we're going to get at the end of the day, you're going to get a lot of tax increases, and then you're going to get a lot of promises about caps and mechanisms. be careful of the word "process." there's going to be a process in place for looking at further sp
CNBC
Nov 21, 2012 7:00pm EST
question that i'm hearing from washington all the time. so let's talk. we have cnbc contributor jack bernstein, former chief economist, and art laffer, former reagan adviser. i'm not attacking obama or anything. i'm just saying there is a lot of talk of stalemate. well perhaps go through where, why and how. staffs have been meeting unsuccessfully. some people are saying, art, that the scenario is going to be that president finally throws up his hands and says there is no deal, we're going to have a stalemate and we will tall off the fiscal cliff into recession and then he will blame the republicans. what's your take? >> i think he's going to blame the republicans, larry, for sure. and i think in the republican's interest to delay it as long as possible and make the republicans look as uncooperative as possible. but we will fall off the cliff anyway, larry. and i think we will have a very bad year in 2013, even if they do extend all of the tax cuts. i think we have a real bad scenario coming forward. >> jared bernstein, what do you think that the president might go off the cliff. okay
CNBC
Nov 14, 2012 7:00pm EST
that and really concentrate the mind of these dopes in washington. >> wasn't it bob ruben who said during the clinton years -- or james carville -- the same thing. look what happened, clinton cut the rate and you had a huge rally in stocks and bonds. the stork market may do the same thing here. >> if you want to root for a bullish stock market, maybe in the short term, let's get a deal going and then do tax reform and entitlement reform. meantime, i think stocks are warping these guys you're going to put us on the precipice of a recession, and that's bad for earnings and stocks. >> the fed has done the same thing. they've come out in recent weeks and said instead of just buying $45 billion of bonds every month, we may have to double that and extend it out further. >> richard fisher of the dallas fed told me last night they don't do that. actually, that's not fair. he said in his opinion they shouldn't do that. we don't know, you might right. mike of "forbes," thank you very much. >>> this is truly the video of the day. the israelis get their man. the military head of hamas taken down with
Search Results 0 to 6 of about 7